Elizabeth Holmes, a Stanford University dropout once billed as the "next Steve Jobs," has forfeited control of Theranos, the blood testing startup she founded, and will pay $500,000 to settle charges that she oversaw a "massive fraud."

Errors related to diagnosis accounted for 33% of medical malpractice claims from 2013 to 2017, beating out all other reasons for such lawsuits and highlighting the challenges physicians face in making clinical decisions.

CVS Health and Aetna shareholders signed off on the proposed $69 billion merger of the two healthcare companies, which is expected to close in the second half of this year. Now they await the federal government's approval.

Republican members of the House Energy and Commerce Committee have launched an investigation into the hospital accreditation process, following a report last year that found the Joint Commission accredited hospitals with major safety issues.